Archive for the ‘Metro Atlanta’ Category

Just Listed :: Amazing John Wieland Resale in Alpharetta!

Friday, April 15th, 2016

1405 Hampton Hill Drive Flyer front1405 Hampton Hill Drive Flyer front back

Welcome home! Nestled right across the street from the wonderful amenities in the Hampton Hall swim/tennis neighborhood, this beautiful John Wieland resale is just what you’ve been looking for. The open floor plan, custom features, and charming character will never go out of style. The close proximity to GA400, Haynes Bridge Road, and State Bridge Road makes it convenient to and from any direction. You’ll have easy access to the other highways, byways, and activities that make this location such a well-loved  destination too. You’ll also enjoy having many popular restaurants and shopping spots nearby, including those at the new Avalon development as well as surrounding North Point Mall! Highly sought after school district includes Dolvin Elementary,  Autrey Mill Middle, and Johns Creek High!

Features:

· Stunning kitchen features granite countertops, stainless steel appliances, pantry, large island with breakfast bar, butler’s pantry, and breakfast area.

· Formal dining room with trey ceiling is perfect for entertaining guests or hosting holiday gatherings.

· Spacious family room boasts a soaring ceiling, cozy gas fireplace, and beautiful built-in bookcases.

· Formal living room provides extra living and entertaining space.

· Gleaming hardwood floors, tall ceilings, and gorgeous trim detail are  carried throughout the main level.

· Oversized master suite is a true retreat including a trey ceiling, dual walk-in closets, nursery/office area, and spa-like bathroom with dual vanities, jetted tub, and separate shower.

· Additional bedrooms are well-sized and bright with attached bathrooms

· Full, finished basement is an entertainer’s dream complete with full bar, living area, gym, full bathroom, and potential 5th bedroom.

· Spacious garage easily fits two vehicles with extra storage.

· A deck overlooking the large backyard and a screened-in porch are ideal for outdoor enjoyment and entertaining.

· Wonderful community amenities include a well-maintained swimming pool, tennis courts, gym, clubhouse, and playground.

 

facebooktwittergoogle_plusredditpinterestlinkedinmailfacebooktwittergoogle_plusredditpinterestlinkedinmail

Trends in Metro Atlanta’s Real Estate Market

Tuesday, April 12th, 2016

trends in real estate marketWe’re all watching closely to see what the real estate market is going to do in 2016!

Here at The Peters Company, we feel like we have a superior pulse on the Metro Atlanta market due to the number of transactions we close each year. And, you better believe we watch trends closely!

So far this year, we’ve seen an interesting phenomenon. While homes priced under $500,000 are still selling quickly, we’re starting to see a slowing of home sales over $500,000.

What does that mean? Homes that are priced at $500,000 or greater have fewer buyers and are taking longer to sell than those lower price points.

Why? Well, honestly, we think it’s because there is such a shortage of inventory available for first-time homebuyers, which is causing a ripple effect for move-up buyers.

What do we need? More inventory under the $500,000 mark!

Even the condo market that was suffering for years during the economic downturn is now BOOMING! In fact, days on market and sales to list price ratios in the affordable condo complexes are lower than single family. And, this is because we are in great need for more affordable home ownership.

My advice:  If you own a home under $500,000, now is the PERFECT time to sell. Buyers are out in full force and conditions are incredibly favorable for sellers. Thinking of moving up to a higher price point? Even better as you’ll be in a buyer’s market in many neighborhoods!

Note: This is a look at the Metro Atlanta market as a whole. Give us a call to see if we’re seeing these trends in your particular neighborhood! 404-419-3619

Find the most recent listings on the market here!

Written by Lesley Peters

facebooktwittergoogle_plusredditpinterestlinkedinmailfacebooktwittergoogle_plusredditpinterestlinkedinmail

Just Listed :: Gorgeous Traditional in Kennesaw’s Legacy Park!

Friday, April 8th, 2016

2573 Fairlawn Downs Flyer front2573 Fairlawn Downs Flyer back

Welcome home! Nestled in the popular Legacy Park community, this home is just what you’ve been looking for. The flowing floor plan, custom features, and charming character will never go out of style. Being close to I-75, I-575, and Wade Green Road makes virtually all commutes a breeze. You’ll also have easy access to the other highways, byways, and activities that make this location such a well loved destination! Being in this popular area of Kennesaw means you can enjoy many nearby restaurants and shopping spots too! Legacy Park is known for its incredible amenities and activities including multiple pools, tennis courts, walking/biking trails, sports leagues, holiday events, and much more!

Features:

· Chef’s kitchen features stainless steel appliances, granite countertops, custom cabinetry, tile backsplash, pantry with pull-out shelving, oversized island with breakfast bar, office nook, and breakfast area.

· Family room boasts a cozy gas starter fireplace and is pre-wired with HDMI hook-ups.

· Living room provides great additional living space.

· Formal dining room is perfect for entertaining guests.

· Gleaming hardwood floors, fresh paint, and beautiful trim detail are showcased throughout the home.

· The master suite is a true retreat including a spacious sitting room, trey ceiling, walk-in closet, and spa-like master bathroom with dual vanities, jetted tub, and separate shower.

· Additional bedrooms are well-sized and bright.

· Full finished basement with kitchenette provides additional living and lounging space along with a full bathroom and extra storage.

· Laundry room is conveniently located upstairs.

· Two separate decks are perfect for outdoor enjoyment and entertaining. They overlook the fully fenced backyard.

· Two car garage can easily fit vehicles with extra space for storage.

facebooktwittergoogle_plusredditpinterestlinkedinmailfacebooktwittergoogle_plusredditpinterestlinkedinmail

Just Listed :: End Unit Townhome in Woodstock’s The Woodlands!

Saturday, April 2nd, 2016

216 Balaban Circle Flyer front216 Balaban Circle Flyer back

Welcome Home! Located on a quiet cul-de-sac, this end unit townhome is just what you’ve been looking for! The flowing floor plan, custom features, and  charming character will never go out of style! The close proximity to I-575, GA400, and Highway 92 makes it convenient to and from any direction. You’ll enjoy being only minutes away from many popular restaurants and shopping spots in both Woodstock and Roswell!

Features:

· Kitchen features ample cabinet and counter space, walk-in pantry, and island with breakfast bar.

· Separate dining area is perfect for entertaining guests or casual meals at home.

· Spacious living room boasts a cozy gas fireplace and tons of natural light.

· Master suite is a true retreat including a vaulted ceiling, walk-in closet, and bath with double vanity and garden tub.

· Additional bedrooms are well sized and bright.

· One car garage easily fits vehicle and provides plenty of extra storage space.

· Great outdoor space includes a spacious deck perfect for outdoor enjoyment and entertaining.

· Neighborhood amenities include two well-maintained pools, tennis courts, playground, basketball court, clubhouse, and walking/bike trails.

· Convenient location close to interstates, restaurants, and shopping.

facebooktwittergoogle_plusredditpinterestlinkedinmailfacebooktwittergoogle_plusredditpinterestlinkedinmail

Glamour Shots :: Property Photos that Sell

Tuesday, March 29th, 2016

1287 Sylvan Cir_low res8You know the old saying “a picture is worth a thousand words?” Well, that’s never truer than with property photos for a real estate listing. As the listing coordinator on our team, I am responsible for setting up the photo shoot for each of our listings. This means scheduling an appointment with the professional photographer and arranging it with the seller. I’m often at the properties a couple of days before the photos are taken and find myself telling our sellers that one of the most important pieces of the marketing plan is going to be the photos. We want them to look as good as possible! When a buyer pulls up a listing on the computer they aren’t stopping to first read the verbiage, summary, etc. They immediately look at the photos! Luckily, we work with an amazing professional photography company, Home Tour America, which does a really great job shooting our listing photos. Sometimes they’re so good that people can’t believe the pictures are of the same property! Home Tour America has generously provided us a detailed checklist to share with our sellers ahead of the photo shoot to ensure flawless pictures. Here’s a sneak peek at that list:

  • Make sure all light bulbs are replaced and consistent throughout the home. A combination of eco bulbs and traditional incandescent bulbs result in color distortion in photos.
  • Please turn off all fans and have lights on. The photographer may decide to turn off the lights depending on the lighting conditions.
  • Clear all clutter including pictures, personal effects, trash cans, toys, pet beds and food bowls. Limit pillows and throws.
  • Clear all kitchen and bathroom counters.
  • Clear refrigerator of magnets and personal items.
  • Make sure pets are secured and, if possible, out of the home.
  • Please blow debris from deck, yard, driveway, etc.
  • Remove trash cans, cars, etc. from the front of house.

As you can see, even the tiniest detail can make a difference in the way listing photos turn out. The professional photography combined with a staging consultation that we offer our sellers allow a listing to truly put its best foot forward.

If you’d like to see what we can do to help prepare your home for the market so you receive top dollar, please give The Peters Company a call today at 404-419-3619! We’d love to help!

Written by Heather Thomas, The Peters Company Listing Coordinator

facebooktwittergoogle_plusredditpinterestlinkedinmailfacebooktwittergoogle_plusredditpinterestlinkedinmail

A Mom’s Guide to Selling Your Home

Thursday, March 24th, 2016

mom in car with baby

Sheer anxiety and stress… That’s the feeling most moms of little ones get when it’s time for selling their home! And, I understand completely.

I’ll never forget the first time we put our home on the market with a little one. We lived in a 1950s 1,400 sq. ft. home in Brookhaven! It was as cute as a button yet provided NO storage space. Every time our house would show, I’d load up the dog, the baby, the exersaucer, and the bouncy seat in the back of my Jeep Cherokee and drive around Ashford Park until the agent’s car was gone. Thankfully, it didn’t last long and I learned a great deal from that experience.

For you moms out there, here are my home selling tips to make showing a home with little ones work…

  1. Rent a storage building! It was my saving grace. Remember that we all survived as children playing with pots, pans and Tupperware. Bring those days back! Our kiddos don’t need 10 buckets of toys to choose from. One will be just fine for a couple of months.
  2. Donate, donate, donate… It’s not just time to remove all the toys that clutter up your home! Get rid of all those appliances you received as wedding gifts you’ve only used once since your big day. You know… that breadmaker that Aunt Sally said you would just love and now you’re gluten free!
  3. Create new habits! If your family doesn’t typically make up the bed every day, now is a great time to start. It only takes 66 days to form a habit. If everyone starts making their bed and putting their clothes away, BOOM! You’ve just accomplished more than listing and selling your home! You’ve transformed a spouse and children that can actually help around the house. That’s a serious win. It shouldn’t all fall on you!
  4. Be flexible! I know, I know… your children nap 2 times a day from 9-11 and 2-4. However, you NEVER know when the right buyer is going to want to see your home. Don’t make them miss it because Susie needs that extra 30 minutes of sleep. Live on the edge for the next month! I bet you’ll find that your little ones can adapt to slight schedules shifts much better than you imagine!

Don’t let the stress of showings with your little ones get you down. Now is the perfect time to sell your home! The last three years have shown the highest home appreciation in U.S. history. And, we’re selling homes in less than 2 weeks on the market on average.

Don’t wait until the market turns and you’re looking at months on the market and less appreciation! Bite the bullet and list today!

Give us a call at 404-419-3619.

Written by Lesley Peters

facebooktwittergoogle_plusredditpinterestlinkedinmailfacebooktwittergoogle_plusredditpinterestlinkedinmail

Life is a Highway :: The Scoop on ITP vs. OTP

Thursday, March 10th, 2016

I-285 - The PerimeterLife is a Highway, and in Atlanta, that highway is I-285.  I’m pretty sure the letters “ITP” and “OTP” have little to no meaning outside of Atlanta.  However, these three little letters that we say on a daily basis have some of the strongest impact on Atlanta’s real estate and you NEED to know the difference.

When I meet with buyers relocating to Atlanta, the first thing I do is whip out a map and draw a big circle that traces around I-285 – also known as The Perimeter. I then explain that there are essentially two main areas of Atlanta – they are not north, south, east or west, but rather “Inside the Perimeter” and “Outside the Perimeter.” This distinction that probably shouldn’t mean much, actually does, and in a big way.

So what’s the big deal? Well, for one, ITP and OTP aren’t just locations – they are a way of life. Generally speaking, ITP is considered the “cool, hip” area of town. Brookhaven, Buckhead, Midtown, Vinings and Decatur are all ITP, so it makes sense that the area would be seen as very urban, or as one of our buyer’s specialists likes to say, “jivey!” You will find many areas of walkability, attached housing, and an overall city feel.

OTP consists of the major Atlanta suburbs such as Kennesaw, Roswell, Cumming, Alpharetta, Johns Creek, Peachtree Corners, Tucker, Smyrna, etc. Of course, the suburbs of any city are usually known for their more low-key and family centered lifestyles, and that’s no different for Atlanta. The city’s sprawling OTP area is highly sought out for its laid-back feel and great schools.

Another huge difference that one will notice when comparing ITP vs. OTP are the prices and overall value of real estate located either inside or outside of The Perimeter. Homes ITP tend to be more expensive – especially when it comes to price per square footage while homes OTP offer a better value (and usually a larger yard!). However, the payoff comes each morning and afternoon when you make your commute to work. Living OTP and commuting into the city each day via the Perimeter (or any other major interstate in Atlanta) will make you strongly consider purchasing a helicopter to get to the office.

While native Atlantans will tell you that The Perimeter will always be a major defining line for the city, the truth is that you can actually find the great features of each on either side of the road. Downtown Roswell and Smyrna Market Village certainly capture the “in-town” vibe of live-work-play areas outside The Perimeter and great ITP neighborhoods like Virginia Highlands and Brookhaven offer single-family housing in a very family-friendly atmospheres. Truly, there is something for everyone. And with Atlanta being one of the top 10 relocation destinations in the country, ITP or OTP you can’t go wrong!

Inside or outside the Perimeter, let The Peters Company’s expert agents help you find the perfect place to call home. We would love to be your most trusted source for information on Atlanta real estate, and we’ll even share this important tip: Once you’re on I-285 you’ll eventually get right back where you started, so enjoy the ride!

Written by Jennie Moshure, Lead Buyer Specialist

Whether you are looking to buy ITP or OTP, you can easily find what you need with our easy-to-use map view of properties here!

 

facebooktwittergoogle_plusredditpinterestlinkedinmailfacebooktwittergoogle_plusredditpinterestlinkedinmail

The 5 W’s of Final Walkthroughs

Tuesday, March 8th, 2016

walkthrough blog picAs The Peters Company’s Transaction Coordinator, one of the topics that I get the most questions about is the Final Walkthrough.  And rightfully so! If you’ve never purchased or sold a home before, the final walkthrough can be a little confusing!

Let’s break it down!

Who: Who attends the final walkthrough? The Buyer and their Agent. Occasionally the Listing Agent will also come to the final walkthrough.

Where: Where is the final walkthrough? At the home being purchased/sold.

Why: Why are we doing a final walkthrough? So the Buyer can make sure the property is in the same condition as when they made their original offer to purchase. Also, if any repairs were negotiated to be completed prior to closing, the Buyer and their Agent will make sure those repairs were all completed. The final walkthrough is especially important when the home has been vacant.

When: When do you do the final walkthrough? Prior to closing. Typically the day before or morning of closing. Even when the Sellers will keep possession after closing (for a pre-determined amount of time) it is still important to do the final walkthrough prior to closing.

What: What should you be checking? Here’s a quick list to get you started:

  • Make sure all debris is removed and that the home is in “broom swept condition”
  • Test the heating and air units
  • Open and close all of the windows
  • Turn on and off all of the light fixtures
  • Run the water in every sink and shower. Check the water pressure and for leaks under the sinks
  • Flush the toilets
  • Open and close all of the doors
  • Test all of the appliances
  • Test garbage disposal and exhaust fans
  • Inspect the repairs (if any) that were to be made
  • Look over the ceilings, walls, and floors

How: Most times final walkthroughs are pretty quick.  Unless there were a crazy amount of repairs, it should only take about 15 – 20 minutes.

Now that you’ve made it through the final walkthrough, congrats! You’re on your way to the closing table! If you are looking to buy or sell this year, let The Peters Company hold your hand every step of the way! Call us today at 404-419-3619!

See what homes are available right now!

facebooktwittergoogle_plusredditpinterestlinkedinmailfacebooktwittergoogle_plusredditpinterestlinkedinmail

Food for Thought: Do Health Food Stores Mean Healthy Home Values?

Thursday, March 3rd, 2016

health food storesAs the New Year rolled around, I’m sure we all put some resolutions in place. If I had to guess as to what one of those goals was for most of us, I would say that it’s to eat healthier! It’s no secret that a home’s proximity to a grocery store (and other shopping/retail/restaurants) can impact its value, but does having a health food store nearby have even bigger implications? A recent study by real estate analysis company, RealtyTrac, compared two of our favorite stores (Trader Joes and Whole Foods) in relation to home values and the results might surprise you. Here’s a breakdown of their findings:


Whole Foods

  • Zip codes with only a Whole Foods (no Trader Joes) experienced a 34% gain in home values.
  • Zip codes with only a Whole Foods (no Trader Joes) have an average home value of $561,840.
  • Zip codes with only a Whole Foods (no Trader Joes) paid average property taxes of $5,382.

Trader Joes

  • Zip codes with only a Trader Joes (no Whole Foods) experiences a 40% gain in home values.
  • Zip codes with only a Trader Joes (no Whole Foods) have an average home value of $592,339.
  • Zip codes with only a Trades Joes (no Whole Foods) paid average property taxes of $8,536.

Yes, you read that correctly. Having a Trader Joes nearby actually has a more positive impact on home values than Whole Foods! Honestly, I would have thought just the opposite when comparing their products, prices, etc. After all, I’m sure some of us look at shopping at Whole Foods as more of a luxury than necessity. While growing home values are definitely a good thing, on the downside those higher values usually bring larger property taxes which we can see in this case. It may also make it less affordable for those who want to purchase a home in that area. There are always two sides to the story! For those of us in Metro Atlanta though, both Trader Joes and Whole Foods stores seem to be popping up all over the place. Hopefully that is good news for all of our home values!

If you’re interested in finding a Metro Atlanta home near one of these popular stores let us know! The Peters Company would be happy to help you make a “healthy” home buying decision in 2016! Give us a call today at 404.419.3619! Now excuse me while I go enjoy a glass of Two Buck Chuck!

Written by Heather Thomas, The Peters Company Listing Coordinator

facebooktwittergoogle_plusredditpinterestlinkedinmailfacebooktwittergoogle_plusredditpinterestlinkedinmail

Winning in a Seller’s Market

Tuesday, March 1st, 2016

winningMultiple offers are a part of the real estate market in 2016 – in fact over half of the offers The Peters Company buyer team wrote in 2015 were in multiple offer situations. Buyers look to us to know how to “win” in these circumstances. Of course, making an offer at a great price is key, but there are other terms that can work in your favor to help “win” in today’s market. Here are a few tips and tricks that will strengthen your offer without having to lay out more cash…

  1. Earnest Money – Earnest money is the money you put down when you go under contract on a home. It is refunded to you when you close. If you terminate the contract within the confines of your contingencies (due diligence, appraisal, etc), you get this money refunded to you. Typically, the amount of earnest money you put down is around 1% of the purchase price, but if you increase your earnest money – up to 3-5% then it shows the seller that you are a strong buyer willing to put more money on the line. Of course, in the end it stays your money, but it’s a great way to show that you are serious about the purchase.
  2. Close/Possession Date – Usually, the buyer chooses the close date in the transaction because they make the initial offer, but a great way to get the seller’s attention is to let THEM choose the close date. You can give a range of dates that work for you for the seller to choose from and then all parties will agree on the close date. Additionally, you can allow the seller to stay in the house past the closing date. Many times, sellers are purchasing another home and the extra time in their house after closing means much more than money. It gives them the chance for two smooth closings and an easier move. You can either ask them to pay for their time after closing in the house, OR to make your deal even sweeter let them stay for free!
  3. Lender Paid Closing Costs – Oftentimes, the “cleanest” offer is the one that is ultimately chosen. That means few stipulations, short deadlines and no seller paid closing costs. Not all buyers are in a position to pay their down payment AND all of their closing costs, but with the ultra low interest rates, it makes sense to look into lender paid closing costs. In this circumstance, the lender will increase the interest rate slightly and cover the buyer’s closing costs through their fees. This means a cleaner offer for you and a better chance of acceptance from the seller.

Of course, there are many other insider tricks that we can share with you to help make the best of your offer! Let the fabulous buyer team at The Peters Company help you “win” in this Metro Atlanta seller’s market!

Written by Jennie Moshure, Lead Buyer Specialist

 

 

facebooktwittergoogle_plusredditpinterestlinkedinmailfacebooktwittergoogle_plusredditpinterestlinkedinmail
REALTOR® Equal Housing Opportunity